Looking beyond Apple's tax evasion tactics

Apple's move to funnel its profits through Ireland is just the tip of the iceberg. Companies from all sectors around the world have cottoned on to the strategy and while it supports the Irish economy, it also brings with it an unwanted reputation.

Occupying a single floor of a three-storey building in a suburban Dublin office park, Western Union's offices are notably modest for the international headquarters of the world's largest money transfer firm.

The set-up is typical of swathes of US companies using Ireland to cut their tax bill. A Reuters analysis of Irish and US filings shows that more than 40 per cent of the S&P 500 have registered subsidiaries in the country.

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